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JMCP Signs Contracts for Rosnefts
PALM BAY, Fla., Sept 04, 2007 /PRNewswire-FirstCall via COMTEX/—JMCP
Acquisitions Corp. (Pink Sheets: JMCP) CEO, Frank Love announces, “Rosneft’s
Samara Region Oil Field is one of our three Oil Projects. Here is some
information concerning this project:”
Former YUKOS Property Purchased by Rosneft at auction in 2007
1. Quantity: Three (3) licensed sites
2. Size: 725 sq.km
3. Type of proven reserves: 2.0 million ton of gas-condensate crude oil -
C1 - 1.5 million ton crude oil - C2 - 5.0 million tons
4. Qnt. of operating wells: 11 wells
5. Qnt. of obtained crude oil: 15,000 tons a month
6. Qnt. of prepared wells: 16 additional wells are ready for drilling
(passports are in place)
7. Qnt. of capped wells: 3 wells are capped and ready for future
exploration
8. Communications:
a) Highways there numerous highways crossing the fields
b) Railway “Zekeznodoroznaja” railway station is located in the middle
of the field
c) pipeline the major oil pipeline is located 60 kms from the fields
9. Future exploration: 180,000,000 rubbles will be required to increase
the production to 100,000 tons a month.”
Frank Love further states, “This week as a part of our urgent meetings, I spoke
via teleconference with the Russian General in charge of this location, and the
talk went well as I had hired a Russian/American to help interpret our dialogue.
I will retain our Russian interpreter indefinitely.”
Frank Love, also states, “One final note, I noticed that the short interest on
JMCP has increased 1,694% since last month. Like a thief in the night, I will
show absolutely zero mercy to naked short positions.”
This press release does not constitute an offer of any securities for sale. This
press release contains certain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements involve certain risks and
uncertainties that could cause actual results to differ, including, without
limitation, the company’s limited operating history and history of losses, the
inability to successfully obtain further funding, the inability to raise capital
on terms acceptable to the company, the inability to compete effectively in the
marketplace, the inability to complete the proposed acquisition and such other
risks that could cause the actual results to differ materially from those
contained in the company’s projections or forward-looking statements. All
forward-looking statements in this press release are based on information
available to the company as of the date hereof, and the company undertakes no
obligation to update forward-looking statements to reflect events or
circumstances occurring after the date of this press release.
CONTACT: Frank Love,
Phone: (254) 458-0473
E-mail: frank.love@jmcpacquisitions.com
Web site: http://www.jmcpacquisitions.com-a.googlepages.com/home
SOURCE JMCP Acquisitions Corp.
http://www.jmcpacquisitions.com
Copyright (C) 2007 PR Newswire. All rights reserved
